Category: Industry Sectors
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The Future of Global Trade: WTO’s 13th Ministerial Conference
Introduction:The World Trade Organization’s (WTO) 13th Ministerial Conference (MC13) is set against the backdrop of a challenging geopolitical and economic environment, characterized by rising trade tensions and concerns over food security. As one of the largest and fastest-growing economies, India has a crucial role to play in shaping the outcomes…
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Global Chip Manufacturing and rise of Nvidia
Chip manufacturing is a critical and complex industry that plays a fundamental role in fueling digitalization across various sectors. In recent years, the industry has experienced record demand, driven by advancements in technology and the increasing digitization of various industries. However, this surge in demand has been met with limited…
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Impact of China’s Textiles Export to India
Introduction: The Indian textile industry has been one of the country’s most significant sectors, contributing to GDP growth, employment, and exports. However, the industry faces significant challenges due to the increasing textile imports from China. This report aims to analyze the impact of these imports on the Indian textile industry…
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Early Fruits of PLI Scheme
Introduction The Production Linked Incentive (PLI) scheme in India has emerged as a game-changer, promoting growth and innovation in various sectors of the economy. Aimed at boosting domestic manufacturing and reducing imports, the scheme provides financial incentives to eligible firms on incremental sales for a five-year period. With its emphasis…
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Time to have Centre for Excellence for Indian MSMEs
Introduction: Micro, Small, and Medium Enterprises (MSMEs) are the backbone of the Indian economy, contributing significantly to employment generation and economic growth. However, these enterprises often face challenges such as limited access to finance, technology adoption, market access, and skill development. The existing dispensation like MSME-DI DICs failed to address…
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Do we Need the Latest Technologies for Sustainable Environment?
The summer of 2023 will forever be etched in our collective memory as a period of extreme heat waves and record-breaking temperatures. From scorching wildfires engulfing vast stretches of land to debilitating droughts that left communities without essential water supplies, the impacts of climate change became devastatingly real. However, amidst…
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Will digital Trade become a Source of Revenue for India in 2025?
The World Trade Organization’s (WTO) moratorium on customs duties on electronic transmissions has been in place since 1998, effectively freezing tariffs on digital trade. This moratorium, which has been extended every two years, is now being challenged by India, along with other developing nations like South Africa. India argues that…
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The Future of India’s Automobile Sector
Introduction: India’s road transport sector has long been a vital component in the country’s economic growth and development. Over the years, it has faced numerous challenges, ranging from congestion and safety concerns to environmental impact. However, with the advent of new technologies, shifting customer preferences, and environmental regulations, the sector…